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Kellanova Co (Kellanova Co) Cyclically Adjusted PS Ratio : 1.28 (As of Apr. 27, 2024)


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What is Kellanova Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Kellanova Co's current share price is $57.73. Kellanova Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $45.17. Kellanova Co's Cyclically Adjusted PS Ratio for today is 1.28.

The historical rank and industry rank for Kellanova Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

K' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.08   Med: 1.54   Max: 2.12
Current: 1.29

During the past years, Kellanova Co's highest Cyclically Adjusted PS Ratio was 2.12. The lowest was 1.08. And the median was 1.54.

K's Cyclically Adjusted PS Ratio is ranked worse than
65.34% of 1356 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs K: 1.29

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Kellanova Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.173. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $45.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kellanova Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kellanova Co's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kellanova Co Cyclically Adjusted PS Ratio Chart

Kellanova Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 1.40 1.38 1.48 1.24

Kellanova Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.48 1.37 1.37 1.21 1.24

Competitive Comparison of Kellanova Co's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Kellanova Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kellanova Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kellanova Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kellanova Co's Cyclically Adjusted PS Ratio falls into.



Kellanova Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Kellanova Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=57.73/45.17
=1.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kellanova Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kellanova Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.173/129.4194*129.4194
=3.173

Current CPI (Dec. 2023) = 129.4194.

Kellanova Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 10.337 99.695 13.419
201406 10.180 100.560 13.102
201409 10.108 100.428 13.026
201412 9.843 99.070 12.858
201503 9.961 99.621 12.940
201506 9.854 100.684 12.666
201509 9.351 100.392 12.055
201512 8.826 99.792 11.446
201603 9.563 100.470 12.318
201606 9.232 101.688 11.750
201609 9.192 101.861 11.679
201612 8.610 101.863 10.939
201703 9.175 102.862 11.544
201706 9.020 103.349 11.295
201709 9.328 104.136 11.593
201712 9.152 104.011 11.388
201803 9.773 105.290 12.013
201806 9.655 106.317 11.753
201809 9.940 106.507 12.078
201812 9.477 105.998 11.571
201903 10.268 107.251 12.390
201906 10.150 108.070 12.155
201909 9.860 108.329 11.780
201912 9.330 108.420 11.137
202003 9.919 108.902 11.788
202006 10.043 108.767 11.950
202009 9.910 109.815 11.679
202012 10.084 109.897 11.875
202103 10.419 111.754 12.066
202106 10.364 114.631 11.701
202109 10.560 115.734 11.809
202112 2.853 117.630 3.139
202203 10.737 121.301 11.456
202206 11.298 125.017 11.696
202209 11.471 125.227 11.855
202212 3.371 125.222 3.484
202303 11.748 127.348 11.939
202306 11.713 128.729 11.776
202309 11.417 129.860 11.378
202312 3.173 129.419 3.173

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Kellanova Co  (NYSE:K) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Kellanova Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Kellanova Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Kellanova Co (Kellanova Co) Business Description

Address
412 N. Wells Street, Chicago, IL, USA, 60654
Following its split from the North American cereal business, Kellanova (previously the global snacking arm of Kellogg) is a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base.
Executives
Kellogg W K Foundation Trust 10 percent owner 50 S. LA SALLE ST., B-10, CHICAGO IL 60603
John Min officer: Chief Legal Officer ONE KELLOGG SQUARE, BATTLE CREEK MI 49017
Christopher M Hood officer: Senior Vice President ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
Kris Bahner officer: SVP-Chief Global Corp Affairs ONE KELLOGG SQUARE, BATTLE CREEK MI 49017
Nicolas Amaya officer: Senior Vice President ONE KELLOGG SQUARE, BATTLE CREEK MI 49017
Charisse Ford Hughes officer: Senior Vice President C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Gary H Pilnick officer: Senior Vice President
Kurt D Forche officer: VP-Corporate Controller ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
Amit Banati officer: Senior Vice President ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
Rodrigo Lance officer: Senior Vice President ONE KELLOGG SQUARE, BATTLE CREEK MI 49017
Alistair D Hirst officer: SVP - Global Supply Chain ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
J Michael Schlotman director 1014 VINE ST, CINCINNATI OH 45202
Steven A Cahillane director, officer: CEO & President ONE COCA-COLA PLAZA, ATLANTA GA 30313
Shumit Kapoor officer: Senior Vice President ONE KELLOGG SQUARE, BATTLE CREEK MI 49017
Maria Fernanda Mejia officer: Senior Vice President ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599

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